A New Era of Job Crisis: Quiet Layoffs Happening Nationwide

A New Era of Job Crisis: Quiet Layoffs Happening Nationwide

The economic landscape of the United States has been increasingly volatile, with significant changes affecting the labor market, consumer spending, and the overall financial stability of millions of Americans. This detailed analysis dives into the complexities of...
The State of the American Debt Slaves, Q4 2019

The State of the American Debt Slaves, Q4 2019

The State of the American Debt Slaves, Q4 2019 Consumer credit rose to 19.3% of GDP, the highest ever. Consumer debt – student loans, auto loans, and revolving credit such as credit cards and personal loans but excluding housing-related debts such as mortgages and...
Skyrocketing Costs Will Pop All The Bubbles

Skyrocketing Costs Will Pop All The Bubbles

The reckoning is coming, and everyone who counted on “eternal growth of borrowing” to stave off the reckoning is in for a big surprise. We’ve used a simple trick to keep the status quo from imploding for the past 11 years: borrow whatever it takes to...